Today's candle hasn't closed but it's already made a big move out of this descending channel.
I'm looking to see if it can hold support at 44.8k along with a corresponding uptick in volume.
The same thing happened last move upwards. You can see as we broke local highs there was a corresponding rise in volume that signaled a continuation in the uptrend. Pretty simple.
Is this a money grab before the selling starts or the next leg to new ATHs?
I'm looking to see if it can hold support at 44.8k along with a corresponding uptick in volume.
The same thing happened last move upwards. You can see as we broke local highs there was a corresponding rise in volume that signaled a continuation in the uptrend. Pretty simple.
Is this a money grab before the selling starts or the next leg to new ATHs?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.